abrdn Diversified Income & Growth (LON:ADIG - Get Free Report) shares rose 0.3% during trading on Tuesday . The stock traded as high as GBX 77 ($0.97) and last traded at GBX 76.40 ($0.96). Approximately 1,097,303 shares changed hands during mid-day trading, an increase of 64% from the average daily volume of 669,775 shares. The stock had previously closed at GBX 76.20 ($0.96).
abrdn Diversified Income & Growth Price Performance
The company has a market capitalization of £230.17 million, a P/E ratio of -3,820.00 and a beta of 0.39. The stock's fifty day simple moving average is GBX 74.17 and its 200-day simple moving average is GBX 76.75. The company has a debt-to-equity ratio of 4.46, a current ratio of 20.47 and a quick ratio of 1.70.
abrdn Diversified Income & Growth Dividend Announcement
The firm also recently announced a dividend, which was paid on Wednesday, March 27th. Investors of record on Thursday, March 7th were paid a dividend of GBX 1.42 ($0.02) per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a yield of 1.84%. abrdn Diversified Income & Growth's payout ratio is -30,000.00%.
Insiders Place Their Bets
In related news, insider Davina Walter bought 52,000 shares of the business's stock in a transaction that occurred on Wednesday, February 28th. The stock was purchased at an average cost of GBX 78 ($0.98) per share, for a total transaction of £40,560 ($50,948.37). In other news, insider Davina Walter acquired 52,000 shares of abrdn Diversified Income & Growth stock in a transaction on Wednesday, February 28th. The stock was bought at an average price of GBX 78 ($0.98) per share, for a total transaction of £40,560 ($50,948.37). Also, insider Tom Challenor sold 40,959 shares of the company's stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of GBX 72 ($0.90), for a total value of £29,490.48 ($37,043.69). Company insiders own 2.15% of the company's stock.
abrdn Diversified Income & Growth Company Profile
(
Get Free Report)
Abrdn Diversified Income And Growth Plc is a closed ended balanced mutual fund launched by BlackRock Fund Managers Limited. The fund is co-managed by BlackRock Investment Management (UK) Limited and Aberdeen Fund Managers Limited. It invests in public equity and fixed income markets across the globe.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider abrdn Diversified Income & Growth, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and abrdn Diversified Income & Growth wasn't on the list.
While abrdn Diversified Income & Growth currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
